TAG Immobilien AG plans to resume dividend payments
TAG Immobilien AG / Key word(s): Dividend TAG Immobilien AG plans to resume dividend payments Hamburg, 12 November 2024 In contrast to the two previous years, in which the dividend was suspended, the Management Board and Supervisory Board of TAG Immobilien AG (TAG) plan to propose a dividend payment for the 2024 financial year at the next Annual General Meeting in May 2025. It is to be based on a payout ratio of 40% of FFO I, which would put it at an expected EUR 0.40 per share. Further information on the business performance can be found in TAG's interim statement on the third quarter 2024, which will be published as planned on 13 November 2024.
Contact: TAG Immobilien AG Head of Investor&Public Relations Dominique Mann Tel. +49 (0) 40 380 32 - 305 Fax +49 (0) 40 380 32 388 ir@tag-ag.com End of Inside Information 12-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | TAG Immobilien AG |
| Steckelhörn 5 | |
| 20457 Hamburg | |
| Germany | |
| Phone: | 040 380 32 0 |
| Fax: | 040 380 32 388 |
| E-mail: | ir@tag-ag.com |
| Internet: | www.tag-ag.com |
| ISIN: | DE0008303504 |
| WKN: | 830350 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2028419 |
| End of Announcement | EQS News Service |